Tesla has autonomous ride-hailing service in pipeline: what to know [FOX Business Network]
Tesla, Inc. (TSLA)
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Source: FOX Business Network
Tesla and CEO Elon Musk this week shared slightly more of their vision for the autonomous ride-hailing service that the electric vehicle (EV) maker seeks to build. That additional information came Tuesday as the company published its first-quarter earnings that included updates on its future models, robotaxi, artificial intelligence efforts and more. Tesla said it plans to "seamlessly layer ride-hailing into the Tesla App The "preview" images that the company released Tuesday suggested the ride-hailing service's app will resemble those of existing ride-share companies. It could potentially have a "summon" button, too. The "ride-hailing functionality" it is developing "will be available in the future," according to Tesla's first-quarter shareholder presentation. "We have been investing in the hardware and software ecosystems to achieve vehicle autonomy and a ride-hailing service. We believe a scalable and profitable autonomy business can be realized through a vision-only arc
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